Tocardo

Den Oever, Netherlands Founded: 2008 • Age: 18 yrs Acquired By QED Naval
Manufacturer of tidal turbines
Annual revenue - Latest available
Total funding - 4 rounds
Employees - Tracked headcount
Investors 7 Known backers
Products 4 Services tracked
Competitors 10 Brand Intelligence

About Tocardo

Tocardo is a company based in Den Oever (Netherlands) founded in 2008 was acquired by QED Naval in January 2020. Tocardo has completed 1 acquisition, including IHC Tidal Energy. Tocardo offers products and services including Tocardo T-1, Tocardo T-2, Tocardo T-3, and HydroWing. Tocardo operates in a competitive market with competitors including Nova Innovation, Verdant Power, Minesto, Sustainable Marine Energy and SABELLA, among others.

  • Headquarter Den Oever, Netherlands
  • Sectors
    Energy & Utilities
  • Email
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  • Phone
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  • Website
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  • Social
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  • Legal Name Tocardo B.V.
Operational Areas
Energy & Utilities → Renewable & Clean Energy Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Latest Funding Round
    $464.26 K (USD), Grant

    Jan 01, 2017

  • Investors
    Repsol

    & 6 more

  • Employee Count
    Not available
  • Investments & Acquisitions
  • Acquired by
    QED Naval

    & 2 more

    (Jan 08, 2020)

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Products & Services of Tocardo

Tocardo offers a comprehensive portfolio of products and services, including Tocardo T-1, Tocardo T-2, Tocardo T-3, and HydroWing.

Product name locked
Category locked
Primary

Compact turbine for small-scale tidal energy generation.

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Medium-sized turbine for commercial tidal projects.

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Large turbine for high-capacity ocean energy applications.

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System for supporting tidal energy projects in various environments.

Funding Insights of Tocardo

Investors in Tocardo

Tocardo has secured backing from 7 investors, including institutional and venture fund investors. Prominent investors backing the company include Repsol, Huisman and European Union.

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Venture Fund
Institutional
Investor Description Founded Year Domain Location
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Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
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Repsol is engaged in energy production and sustainable solutions globally.
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Investor details for Tocardo

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  • Investor domains
  • Investor locations
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  • Participation history

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Investments & Acquisitions by Tocardo

Tocardo has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include IHC Tidal Energy.

Investments
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Investment portfolio details for Tocardo

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  • Portfolio identities
  • Transaction dates
  • Round details
  • Investment values

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Acquisitions
Company Name Description Domain Location Founded Year Amount
Vertical axis turbine maker
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Complete acquisition details for Tocardo

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  • Acquired stakes
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Financial Statements - Tocardo

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Detailed financials for Tocardo

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  • Profit trends
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Tocardo Comparisons

Tocardo Primary company
Description
Manufacturer of tidal turbines
Location
Den Oever, Netherlands
Founded Year
2008
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Tocardo

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Competitors of Tocardo

Tocardo operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Nova Innovation, Verdant Power, Minesto, Sustainable Marine Energy and SABELLA, among others.

Company Name Domain Founded year HQ Location Description
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Submerged turbine systems are provided for tidal energy conversion projects.
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Tidal turbines are developed and manufactured for hydropower projects.
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Tidal energy is harnessed through an underwater kite with turbine.
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Manufactures tidal energy turbines for sustainable marine power generation.
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Submerged tidal turbines for marine energy are developed and deployed.
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Detailed competitors of Tocardo

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Latest news on Tocardo

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Complete news archive for Tocardo

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Frequently Asked Questions about Tocardo

Tocardo was founded in 2008 and raised its 1st funding round 4 years after it was founded.

Tocardo is headquartered in Den Oever, Netherlands. It is registered at Den Oever, Noord-holland, Netherlands.

The company was founded in 2008 in Den Oever, Netherlands, within the renewable energy sector. Tidal turbines are produced for installation at sea or in structures like dams and barriers to generate electricity. Solutions are offered for inshore, offshore, smart grid, and river applications. Each turbine incorporates a permanent magnet direct drive generator along with patented bi-directional reversible rotor blades. Operations focus on sustainable hydropower technologies.

Tocardo's top competitors include Verdant Power, Minesto and Nova Innovation.

Tocardo offers Tocardo T-1, Tocardo T-2, Tocardo T-3, and HydroWing.

Tocardo has made 1 acquisition, including IHC Tidal Energy.

Tocardo has 7 investors. Key investors include Repsol, Huisman, European Union, Inyanga Marine Energy Group, and QED Naval.

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